RSS

Congress»

The National Debt

The National Debt : Winners and Losers
Sen. Mitch McConnell (R-K.Y.) gives a thumbs up when asked Sunday if a debt deal has been reached: The Senate Minority leader has come out of the debt debate a (relative) crowd favorite.

The debt deal: Winners and losers

Republicans and Democrats have hammered out a last-minute agreement to raise the debt ceiling and cut over $2 trillion. If it passes, will anyone be happy?

 
The National Debt : Wit
President Obama urged Americans to contact their Congressmen via Twitter, to bloggers' amusement.

Obama's 'call to tweet': The wisecracks

The president urges Americans to pressure Congress into a bipartisan debt compromise — using 140 characters or less

 
The National Debt : The List
House Speaker John Boehner did not secure enough votes Thursday night to pass his debt plan, and what happens next is anyone's guess.

John Boehner's debt-vote delay: 5 lessons

Unable to convince rogue conservatives to support his debt-ceiling bill, Boehner postpones the vote rather than be humiliated on the House floor

 
The National Debt : Opinion Brief
The House will vote on Speaker John Boehner's two-step debt-ceiling plan late Thursday, but it's unclear if far-right conservatives will fall in line.

Debt crisis: Do rogue Republicans want economic 'chaos'?

It seems that some conservatives think financial catastrophe would improve their negotiating position on the debt ceiling

 
The National Debt : Opinion Brief
According to certain Democratic leaders, It's time for President Obama to invoke the 14th amendment to nullify the debt-ceiling debate.

Debt-ceiling showdown: Time for Obama to invoke the 14th amendment?

House Democrats say if Republicans won't agree to a long-term solution to the debt crisis, the president should impose one on his own

 
The National Debt : Opinion Brief
House Speaker John Boehner is having a difficult time convincing his Republican caucus to support his two-step plan to raise the debt ceiling.

Will Republicans reject their own debt plan?

John Boehner is trying to muster GOP support for his proposal to trim the deficit and raise the debt ceiling, but few are confident he has the votes

 
The National Debt : Opinion Brief
President Obama could be impeached if the U.S. government defaults on its debts... at least according to Rep. Steve King (R-Iowa).

U.S. default: An impeachable offense?

As Washington's debt ceiling stalemate threatens the American economy, conservative Republicans warn of dire consequences — for President Obama

 
The National Debt : Opinion Brief
During a 15-minute speech Monday night on the debt ceiling debate, President Obama urged Americans to pressure their congressional representatives into agreeing to a bipartisan deal.

Obama's primetime debt ceiling address: 4 takeaways

The president spoke to the nation Monday night, just a week before the U.S. may run out of money to pay many of its bills. What did we learn?

 
The National Debt : Best Column
Both President Obama and the Republicans are to blame for the bungled debt ceiling negotiations, says Elizabeth Drew in The New York Times.

4 ways Washington screwed up the debt fight

In The New York Review of Books, Elizabeth Drew excoriates America's lawmakers for risking America's AAA credit rating for partisan gain

 
The National Debt : Opinion Brief
President Obama speaks to the media Friday after House Speaker John Boehner (R-Ohio) said he will end debt negotiations with the Obama Administration.

Debt ceiling standoff: Time to panic?

Politicians and financial experts are starting to worry that Washington's stalemate is about to trigger a financial meltdown

 
The National Debt : The List
If Congress doesn't raise the nation's $14.3 trillion debt ceiling by Aug. 2, the nation will run out of money to meet its financial obligations.

What caused the national debt? 6 culprits

It took a lot of spending to hit the $14.3 trillion debt ceiling. Where did all the money go?

 
The National Debt : Forecast
Without increasing the nation's $14.3 trillion borrowing limit by Aug. 2, the federal government will only be able to meet about half of its immediate financial obligations.

6 ways the debt ceiling fight could end

Congress is at an impasse as the deadline to raise the debt ceiling approaches. Are we heading for compromise, Armageddon, or something in between?

 
The National Debt : Opinion Brief
Treasury Secretary Timothy Geithner and President Obama in London in 2009: The White House has warned that the federal government faces a massive debt crisis if the nation's borrowing limit isn't raised by Aug. 2.

The Aug. 2 debt deadline: How ominous is it?

The Obama administration says America faces catastrophe if Congress doesn't raise the debt ceiling in time. Many Republicans don't believe it

 
The National Debt : Opinion Brief
A demonstrator in front of the Capitol on Monday: A new deficit-reduction proposal from the Senate's bipartisan "Gang of 6" has the potential to end the debt-ceiling standoff with a rare Grand Bargain.

Can the 'Gang of 6' end the debt fight?

A bipartisan group of senators wins President Obama's endorsement with a plan to cut $3.7 trillion from future deficits. Will it save us from default?

 
The National Debt : Forecast
A Tax Payer Tea Party Rally in Concord, New Hampshire in April: The House will vote this week on a Tea Party-backed plan to slash the deficit.

The Tea Party deficit plan: 4 predictions

House Republicans are voting on a Tea Party–backed plan to slash spending, balance the budget, and raise the debt ceiling. What happens next?

 
The National Debt : Opinion Brief
House Speaker John Boehner and President Obama are trying to reach a deal to raise the nation's $14.3 trillion debt ceiling before the Treasury runs out of money to meet its financial obligations in early August.

Time to abolish the debt ceiling?

Moody's says it is, because D.C.'s partisan wrangling over borrowing unnecessarily unnerves the markets

 
Subscribe to the Week